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Straight, no chaser: Acquisition of liquor licenses is a cash-flow business

2016-01-10 11:58:45| Grocery - Topix.net

When 85-year-old shop owner John Grande decided it was time to retire, one of his store's biggest assets was its full liquor license. He sold his license in 2015 to Total Wine & More, the largest U.S. independent retailer of fine wine, for $150,000.

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